How early-stage cybersecurity investment became our secret competitive weapon
Most startup conversations about cybersecurity go something like this: "We'll worry about that when we're bigger." Sound familiar? We were fortunate to avoid this trap entirely. When we started working with FM Conway back in 2020, we were introduced to the importance of cybersecurity by Michael Barrett, their Information Security Manager, who was instrumental in getting us started on this journey with the right foundation from day one.
Last week, we received news that made our entire team proud: we've been selected for the Secure Innovation Security Review, delivered by the National Protective Security Authority (NPSA) and the National Cyber Security Centre (NCSC). As an early-stage company developing proprietary technologies — including biometric data processing — this milestone isn't just about compliance. It's validation of a strategic decision we made months ago: to treat cybersecurity as a competitive advantage, not an afterthought.
We're also actively pursuing Cyber Essentials and Cyber Essentials Plus accreditation. But here's the thing—we don't technically "need" it yet. Our clients aren't demanding it, we're not handling massive data volumes, and we're still in the early stages of growth.
So why are we doing it? The answer is simple: our business depends on it.
As a company working with various types of data—including biometric data from eye tracking — we handle some of the most sensitive information possible. Our client portfolio spans from training providers to major organisations like Harrods and Wiener Linien, all the way up to global companies such as Mercedes-Benz. Each of these partnerships requires us to prove that, despite being an early-stage company, we understand the critical importance of data protection and cybersecurity. But here's the reality that many startups don't realise until it's too late: for many of our enterprise clients, Cyber Essentials certification isn't just "recommended"—it's mandatory. No certification means no contract. It doesn't matter how innovative our technology is or how much value we can deliver. Without proper security credentials, the conversation ends before it begins.
This isn't unique to our industry or client base. It's the new reality of doing business in a data-driven world. Waiting until day 1000 to think about security is like waiting until your house is on fire to install smoke detectors.
The conventional startup wisdom says to move fast and break things. But when it comes to cybersecurity, breaking things can literally break your business. Here's what most founders don't realise about the "we'll secure it later" approach:
The financial reality of a breach - the numbers are sobering.
According to the 2024 IBM Cost of a Data Breach Report, the global average cost of a data breach reached a record high of $4.88 million. For small businesses with fewer than 500 employees, that's still $3.31 million on average. Even more alarming: up to 60% of small companies go out of business within six months of a cyberattack.
Ransomware attacks are particularly devastating, with Sophos reporting a median ransom payment of $1 million in 2024, plus an additional $2.73 million in recovery costs. And that's before considering operational disruption—even a single hour of unplanned downtime can cost a mid-sized company over $300,000.
For companies handling personal data, regulatory fines add another layer of risk. GDPR penalties can reach €20 million or 4% of annual global revenue, whichever is higher.
The retrofit tax is brutal. Implementing security measures after your systems are built is exponentially more expensive than building them in from the start.
We've seen companies spend 10x more on security retrofitting than they would have spent on early implementation. It's like trying to install a foundation after you've built the house.
Enterprise clients don't wait — they won't even start. The moment you want to work with larger organisations, they'll ask about your security posture. But here's what we learned from real experience: it's not just a question—it's often a hard requirement. When we started conversations with companies like Harrods, Wiener Linien, and Mercedes-Benz, security certification wasn't in the "nice to have" column. It was in the "mandatory for vendor onboarding" section.
If your answer to "What's your Cyber Essentials status?" is "we're working on it," you've just disqualified yourself from potentially game-changing opportunities. We've seen this happen to other startups with brilliant technology—locked out of enterprise deals not because their product wasn't good enough, but because they couldn't meet basic security requirements.
The data sensitivity reality check: When you're processing biometric data from eye tracking—some of the most personal and sensitive information that exists—security isn't just good practice, it's a fundamental responsibility. Our clients trust us with data that could identify individuals, reveal personal behaviours, and potentially be misused if compromised.
This level of data sensitivity means we can't afford to learn about security through trial and error. We needed to demonstrate from day one that we understand the weight of this responsibility and have systems in place to honour that trust.
Here's the mindset shift that changed everything for us: cybersecurity isn't just about protection — it's about differentiation.
Let me be transparent about what pursuing Cyber Essentials certification actually involved for our team of fewer than 10 people:
The right guidance makes all the difference. Before diving into the timeline, it's worth noting that having Zsolt Kovacs, CISSP (Certified Information Systems Security Professional) and soon our CISO (Chief Information Security Officer) in an advisory role has been tremendous. He leads and oversees our efforts, which made the entire process much more strategic and efficient than if we'd tried to figure it out ourselves.
Total Investment:
The NCSC recommends Cyber Essentials as the minimum standard of cyber security for all organisations. The basic certification costs £300 (including VAT), but for a globally distributed team like ours with fewer than 10 members, working with an independent accreditation organisation cost around £2,500 total.
That's less than what we spend on software licenses in a quarter.
ROI: Already evident in client conversations and our own operational confidence.
By implementing security early, we avoided several costly mistakes that typically hit startups later:
If you're convinced but don't know where to start, here's your roadmap:
Before You Begin: Choose Your Path. You have two main options for Cyber Essentials certification:
Based on our experience as a globally distributed team with fewer than 10 members, we opted for an independent assessment at around £2,500. There are literally dozens of accreditation organisations offering these services, so shop around for one that understands your sector and setup.
Month 1: Assessment and Planning
Month 2: Foundation Building
Month 3: System Hardening
Month 4: Documentation and Certification
Let's talk numbers. Our investment in Cyber Essentials certification will pay for itself through:
Here's the part most articles about startup security miss: proper security practices don't slow down innovation—they enable it.
When you have robust security foundations, you can:
Our selection for the Secure Innovation Security Review isn't just about compliance—it's recognition that we're building technology the right way from the ground up.
Treating cybersecurity as a "later" problem is really treating trust as a "later" concern. In a world where data is the new oil and privacy is the new luxury, security isn't just operational hygiene—it's strategic positioning. Every day you wait to implement proper security practices is another day your competitors might gain an advantage. Every client conversation where you can confidently discuss your security posture is an opportunity to differentiate yourself.
The question isn't whether you can afford to implement Cyber Essentials certification. The question is whether you can afford not to.
Ready to get started? The NCSC provides excellent free resources for Cyber Essentials implementation. Begin with their self-assessment tool and remember: the best time to plant a security tree was yesterday. The second-best time is today.